Google backstops Anthropic's Hawesville data-center leases

On Nov. 4, TeraWulf said Google LLC signed three credit-support agreements tied to Anthropic's leases for about 401 MW of critical IT load at Hawesville, Kentucky. The 8-K says each backstop starts when the final data hall on that lease is delivered, with phased delivery expected from late 2027 through the second quarter of 2028, and that Google may assume a defaulted lease or, in some cases, pay an unstated termination fee and take equity in Raylan. TeraWulf calls the existing leases about $19 billion of contracted commitments, and the filed form says Anthropic will use only Google-approved TPUs as accelerators at the site.